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CFO reports fund balances; board approves treasurer's report
Summary
CFO Kristi Newby presented the district's fund balance details, explained timing for child nutrition reimbursements and bond revenue, and reported accrued personnel costs around $39 million; the board approved the treasurer's report by roll call.
Chief Financial Officer Kristi Newby presented the treasurer's report and fund-balance sheets, explaining revenue timing and current expenditure trends and answering board questions about accruals and cash flow.
Newby noted that child nutrition reimbursements for October are typically delayed and may not arrive until December or January; claims are paid early each month…
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